Exostar Receives Leadership Award
Company and CEO Richard Addi Named Cornerstone Honorees by SmartCEO Magazine
HERNDON, VA, June 2, 2016 – Exostar, whose cloud-based solutions help companies in aerospace and defense, life sciences, and healthcare mitigate risk and solve their identity and access challenges, today announced it has been named a Cornerstone Award Honoree by SmartCEO Magazine. The Awards recognize businesses and their top executives for making a meaningful and lasting impact on their local communities.
Exostar and its CEO, Richard Addi, were cited for the positive influences they have had in Herndon, Fairfax County, and the Washington, DC region; successful community-based partnerships; long-standing community commitment; and philanthropy. Over the past fifteen years, including the last five under Addi’s leadership, the company has maintained headquarters in Herndon as it has grown to nearly 200 employees who will occupy a new 30,000 square-foot facility this fall. SmartCEO highlighted Exostar’s increased emphasis on corporate social responsibility, including food drives, support for youth athletics, Toys for Tots, and providing backpacks and school supplies to local children in need.
“Cornerstone Award Honorees are not only economic drivers that create jobs and fuel growth. They also are exemplary stewards who devote time, talent, and money to community development and philanthropic initiatives,” said Craig Burris, CEO and Founder of SmartCEO. “Exostar and Richard Addi personify our vision of leadership. As they have achieved success, they have doubled-down on their efforts to share that success with others in their community.”
“We believe in hiring local, buying local, helping local, and staying local. These are core tenets of our business philosophy, and we operate this way because we know it’s the right thing to do,” Addi stated. “Our goal is to embed ourselves in the community and make Exostar a rewarding place to work for our employees, above and beyond the exciting technical challenges we tackle every day. Our selection as a Cornerstone Award Honoree is simply icing on the cake.”
Exostar and Addi will be profiled in the July/August issue of SmartCEO Magazine, followed by an awards celebration event in August.